Quantcast

North Cook News

Thursday, April 18, 2024

Roskam applauds American Made Coalition support of tax plan

Usflag 1000x667

Roskam applauds American Made Coalition support of tax plan | Courtesy of Shutterstock

Roskam applauds American Made Coalition support of tax plan | Courtesy of Shutterstock

U.S. Rep. Peter Roskam (R-IL) released a statement applauding the American Made Coalition's support for the GOP plan to tax imported goods and exempt exports.

Roskam is the current chairman of the Ways and Means Tax Policy Subcommittee.

"I'm glad to see so many great American companies stepping up to the plate and recognizing the need to end the 'Made in America' tax," Roskam said. "The time has come to get rid of an antiquated system that punishes businesses for making their products here and rewards others for shipping jobs overseas. With the support of industry leaders like these, we can make 2017 the year we finally fix our broken tax code and replace it with a new system based on growth, simplicity and service.”

The American Made Coalition was launched today with 25 members ranging from agriculture to technology to manufacturing. The group supports the tax reform blueprint proposed by House Republicans.

“The American Made Coalition is committed to advancing legislation that modernizes our tax system, levels the playing field for American businesses and workers, encourages investment, incentivizes job creation in the U.S. and helps American-made products compete worldwide," coalition spokesman John Gentzel told The Hill. "The House tax reform blueprint has the best chance of moving real transformative tax reform for the first time in more than 30 years.”

MORE NEWS